Most people carry some kind of debt — credit cards, car loans, student loans, maybe even a mortgage. It's a normal part of ...

“While payday loans and debt with extremely high interest can be detrimental, anything that you borrow and don’t pay back can become bad debt. Good debt usually has lower interest rates, is ...

What's the Difference Between Good Debt and Bad Debt? According to Orman, bad debt "is where you are paying for your present day desires, but your costs are going to be your future day needs." The ...

A good example is mortgage debt — nationally totaling $7.92 trillion — versus credit card debt. In the case of a house, you are buying an asset you can’t purchase for cash.

Understanding the difference between good and bad debt is key to building financial health. Good debt — like mortgages, student loans or auto loans — often help build wealth or increase ...

"There's good debt and bad debt, but I like to say there's better debt," Young said. "At the end of the day, debt is borrowing money to pay it back with interest. Not all debt is equal." ...

There is only good risk management and bad risk management. It’s a crucial concept to understand as the U.S. continues to add to its public debt, which has tripled in the last two decades to ...

"Good debt for students is to have a venture and say: "Mr so and so, this is the idea we have. This idea only requires Sh10,000 or Sh100,000 or Sh1 million but we do not have the money," he explained.

If you're confused about the difference between good and bad debt, you might want some paying off student loan tips. Here, an expert shares best practices. Photo: Getty Images/Westend61 Allie Flinn ...

The bad news is that Americans keep adding debt, said WalletHub founder and CEO Odysseas Papadimitriou. The good news is that Americans are actually better off than they have been in the past ...